The total amount of LED lighting subsidies may not be as large as energy-saving lamps

Recently, it was learned from relevant parties that the financial subsidies for led lighting products jointly drafted by the National Development and Reform Commission and the Ministry of Finance may be announced at the end of the year.

According to this source, the financial subsidies for LED lighting products will follow the form of subsidies for energy-saving lamps, and bids for selected manufacturers and suppliers. Only the winning manufacturer's products are eligible to enjoy a certain degree of financial subsidies on the basis of the successful bid agreement price. The subsidy target may still be divided into two categories: bulk users and urban and rural residents. Among them, the subsidy to urban and rural residents will exceed the bulk users.

This person said that the subsidy is limited and the total amount of subsidy should be less than the energy saving lamp.

The Interim Measures for the Administration of Financial Subsidy Funds for the Promotion of High-Efficiency Lighting Products, published in 2008, stipulates that high-efficiency lighting product promotion companies and the agreed supply prices will be generated through tenders. The State implements uniform tendering and, based on the results of the tender, publicizes the successful bidder, high-efficiency lighting products and the price of the successful bid agreement.

Among them, for each high-efficiency lighting product for bulk users, the central government grants a subsidy of 30% of the supply price for the bid-winning agreement; for every efficient lighting product for urban and rural residents, the central government grants 50% of the supply price for the bid-winning agreement.

According to this person, the financial subsidies for LED lighting products began to seek advice from manufacturers of LED lighting products from July to August. At present, the domestic LED lighting market is sluggish. The industry hopes to introduce a subsidy policy before the off-season season in the first quarter of next year to boost the market. The industry has basically reached consensus on the introduction of subsidy policies before the end of the year and at the latest, early next year. However, the specific time for the introduction of the policy has not yet been determined.

Chen Yansheng, chairman of the China Lighting Association, believes that subsidy to LED lighting products will be a gradual process of development. Selecting LED lighting product subsidy policies at the moment will play a more guiding role for the industry. Initial subsidies will not be too great. The relevant departments shall implement the effect of the subsidy policy and gradually expand the subsidy scope and subsidy.

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